For Lease
$33.86/SF/YR

1487 Boardwalk Lexington, KY 40511

Former QSR, Drive-Thru, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 0.64-acre property in Lexington, Kentucky, presents a prime ground lease opportunity. Located at 1487 Boardwalk, in Fayette County (zip code 40511), this site boasts a 2,215 square foot building, ideal for repurposing or demolition. Its strategic location just off W New Circle Rd provides unparalleled visibility and accessibility, situated adjacent to a Walmart Supercenter and Lexmark's World Headquarters. The property benefits from high daily traffic volume generated by nearby retail giants like Ross and Walmart, as well as numerous surrounding office buildings. The B6P zoning allows for a wide range of uses, including a drive-thru restaurant, making it an attractive option for various businesses. The site's existing infrastructure, combined with its prime location within a thriving retail corridor, presents a unique opportunity for significant return on investment. This location is surrounded by established QSRs including Wendy's, Taco Tico, KFC, Arby's, Panda Express, and Dairy Queen, demonstrating the area's strong demand for quick-service restaurants. The property's single-tenant configuration offers flexibility and control. This is a rare chance to acquire a highly visible and accessible site in one of Lexington's busiest retail areas.

Highlights

  • 0.64-acre site
  • 2,215-square-foot building
  • B6P zoning allowing drive-thru potential
  • Strong tenant mix in immediate vicinity

Property Details for 1487 Boardwalk

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
2,215 SF

Unit(s) available at that property

Space
Size
2,215 SF
Rate per SF
$33.86

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.07133
Longitude
-84.4835041

FAQs

What type of property is this?
Retail property - Former QSR, Drive-Thru, High Traffic Area
Where is the retail property located?
The property is located at 1487 Boardwalk Lexington, KY.
What is the lease rate?
The lease rate is $33.86/SF/YR.
What are key features of this property?
This property features: 0.64-acre site; 2,215-square-foot building; B6P zoning allowing drive-thru potential
How can I contact the broker?
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1487 Boardwalk
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